ERSTE
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Erste: We Will Favor Lending In Lei
Erste Group and its local subsidiary, BCR, will continue to finance the Romanian economy, and will give priority to new leu-denominated loans, while keeping a conservative approach to foreig...
Erste Group Bank Eyes Buying 0.36% In BCR For RON62M
Erste Group Bank (EBS.RO), majority shareholder of Romanian lender BCR, proposed a price of 1.09 lei (EUR0.25) per share to minority holders, in a bid to take over a total 0.36% stake in the...
Erste: Romania’s Borrowing Costs Shouldn’t Climb After PM Resignation
Romanian government’s resignation shouldn’t drive borrowing costs higher, as long as the country remains committed to its economic and fiscal adjustment program agreed with foreign lenders,...
SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.R...
Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs s...
End Of Term For Bruynseels At BCR
After several months of rumors and speculations, Austria’s Erste Group is ready to publicly announce all the changes it decided to make to the management of its Romanian unit BCR, the larges...
Why Is Oana Petrescu Leaving BCR’s Board?
After more than five years as executive vice-president at BCR, the largest Romanian bank, Oana Petrescu says that her training as a consultant influenced her management style and once the ma...
SIF Oltenia Stalls Sale Of BCR Stake: We Have All The Time In The World
Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), sa...
Erste Recruits Sergiu Manea For BCR Investment Banking Unit
Austrian lender Erste has recruited Sergiu Manea for a newly created position of executive vice-president for investment banking at Romanian BCR, and the appointment is awaiting the central...